SoftBank launches new $108 billion fund to invest in A.I.
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“The total expected contribution to the SoftBank Vision Fund 2 from both the Japanese conglomerate and other partners stands at about $108 billion
The first fund is known for investing billions of dollars into global technology and telecommunication companies. The fund, which delivered about 45% rate of return to partners after fees on a net equity basis, invested into companies such as Uber, Slack, The We Company (formerly known as WeWork), as well as Indian e-commerce firm Flipkart.”
